Freight charges
This query is : Open
Querist : Anonymous
Querist :
Anonymous
(Querist)
27 July 2012
Dear Experts,
We are manufacturing in Gujarat, we are not mentioned freight charges in excise invoice after that we are preparing debit note for freight charges and collect the same
My question is it applicable for excise duty or not b'cos as per excise rule if freight charges separately mentioned in excise invoice no need to pay excise duty
pls advise
We are manufacturing in Gujarat, we are not mentioned freight charges in excise invoice after that we are preparing debit note for freight charges and collect the same
My question is it applicable for excise duty or not b'cos as per excise rule if freight charges separately mentioned in excise invoice no need to pay excise duty
pls advise
27 July 2012
The case laws suggest to take a view of BENEFITIAL interest. If your business is freight centric, then definitely it will be added for the purpose of excise.
Querist : Anonymous
Querist :
Anonymous
(Querist)
27 July 2012
we have to paid excise duty on freight @ 12.36% ie freight charges collected for Rs. 10000 on @ 12.36% for duty is it correct
pls advice
Thank u very much
Gurumurthi
pls advice
Thank u very much
Gurumurthi
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